Latest Releases
20 April 2021
ELYSIS selects Alma smelter for commercial size 450 kA inert anode prototype cells
MONTREAL, Canada - ELYSIS today announced it has selected the Alma smelter, operated by Rio Tinto in Saguenay-Lac-Saint-Jean, Quebec, for the first installation and demonstration of its inert anode technology at a commercial size of 450 kiloamperes (kA), which is a common capacity for modern, full-scale smelters. ELYSIS is a joint venture company, led by Rio Tinto and Alcoa, that is working to com
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20 April 2021
Rio Tinto releases first quarter production results
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto Chief Executive Jakob Stausholm said: “We achieved an overall solid operating performance in the first quarter. We have maintained guidance ranges in all our products, with site teams successfully managing the effects of significant rainfall, in particular at our Australian iron ore assets. "It has been a period of deep reflection for the comp
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09 April 2021
Rio Tinto reaches agreement with Turquoise Hill Resources on financing plan for Oyu Tolgoi
MELBOURNE, Australia--(BUSINESS WIRE)-- Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the “Funding Plan”) for the completion of the Oyu Tolgoi (OT) Underground Project in Mongolia. The Funding Plan addresses the estimated remaining known funding requirement of approximately $2.3 billion1, building on and replacing
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